$500,000
101 Westlake Mews
Beds
—
Baths
—
Sqft
—
Year
—
Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Strathmore. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
ATTN: Investors, Developers, Business Owners — Build your dream HERE! Located across from the lake just off of the #1 highway, this parcel of land is a commodity. Centrally located within the choice community of Westlake, this 1/2+ acre is zoned for Highway Commercial with the opportunity to rezone to Multifamily R3, Commercial, or Commercial/Residential mix. A cul-de-sac property, development options include senior housing, dealership, warehouse, mini-storage, brewery, gas station, restaurant, retail, garage, car wash, medical clinic, or professional center. Call today to discuss all options! Note: original owner, 3+ stories. Subject to Town of Strathmore Development Permit. (id:65958)
- Subtype
- Vacant Land
- Community
- Westmount_Strathmore
- Common interest
- Freehold
- Lot size
- 2,302.7 square meters
- Lot dimensions
- 2302.70
- On market
- Jan 17, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $2,856 (2025)
- Zoning
- CHWY
- Photos
- 20
- MLS#
- A2279750
- Area
- STRATHMORE
Features and systems
Lot
Community
Cash on cash
-7.03%
Cap rate
3.46%
GRM
16.7
Break-even rent
$3,117
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.